ABSTRACT
Fernando Belaunde Terry was ousted as president of Peru in 1968 in part because of his administration’s weak foreign policies, which did not satisfy nationalistic expectations. This chapter focuses on three critical areas of foreign policy that confronted the second Belaunde administration upon taking office: Peruvian dependency, regional geopolitical conflict, and the Andean Pact. The foreign policy of the Juan Velasco Alvarado government was designed both to generate domestic political support for the regime by playing on the themes of nationalism and anti-imperialism, and to improve Peru’s economic relationships with other countries. The Velasco administration also sought to expand Peru’s diplomatic and commerical relations. One of the key objectives of Peru’s revolutionary foreign policy was the promotion of subregional economic integration as a means for stimulating industrialization, increasing non-traditional exports, and strengthening the bargaining position of Andean countries vis-a-vis the developed market economies and the multinational corporations.
